No. All accounts will be closed. Any remaining balance will be transferred to your bank account on file. If you don’t have a bank account on file, we’ll mail a physical check to your address on file. If both these attempts fail, your funds will be escheated per state unclaimed property laws, and you can access them at https://unclaimed.org/.
Can I leave my funds in the account after my account is closed?
Happen Bank Resources
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Today, we are thrilled to announce the completion of our acquisition of Radius Bancorp, Inc. (“Radius”). In February 2020, we announced our intent to acquire Radius and shared how we can grow and deepen our customer relationships with a marketplace bank.
Related FAQ's
Any remaining balance will be transferred to your bank account on file.
Before the account closes, sign in to your Member Center and navigate to the Transfer page to send your balance to your bank account.
Sign in to your Member Center and navigate to the Transfer page to make a cash transfer to your IRA custodian.
You can view and manage most of your account information by signing in on the web or using the Happen Bank mobile app, including your password, phone number, physical address, loan documents, payment methods, and two-factor authentication settings.
Related Glossary
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
